Cheap robots may shift car making from China to U.S.: Magna CEO

The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna told Reuters. Rising wages in China and the cost of importing heavy components like electric car batteries into Europe may lead established car makers to introduce more highly efficient automated manufacturing closer to home, Walker told Reuters in an interview at the Frankfurt auto show. “If you have a high labor, easy-to-ship part, it has already gone, for the most part, to a low-cost jurisdiction,” Walker said about the evolution of assembly work in the car manufacturing business

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Chinese computer hack attacks slow ahead of Obama summit: experts

By Joseph Menn and Doina Chiacu WASHINGTON (Reuters) – Major intrusions by Chinese hackers of U.S. companies' computer systems appear to have slowed in recent months, private-sector experts say, ahead of a meeting between China's president and President Barack Obama with cyber security on the agenda. “The pace of new breaches feels like it’s tempering,” said Kevin Mandia, founder of Mandiant, a prominent company that investigates sophisticated corporate breaches

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Facebook’s new ad service to charge only after full-scroll

(Reuters) – Facebook Inc said it would launch a service that will let advertisers pay for ads only when they are scrolled through from top to bottom on its news feed. The new service, called “100 percent in-view impressions”, will include text, photo, link and video ads, the company said in a blog post on Thursday. The company said Moat would later extend its services to all other ads on news feed, including the service launched today, and also to ads on Facebook's photo-sharing app, Instagram.

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China will work with U.S. on hacking, defend its interests: official

By Michael Martina BEIJING (Reuters) – China opposes Internet attacks and wants to work with the United States in cyberspace but will defend its interests, a senior Chinese official said on Thursday, after U.S. President Barack Obama warned of a forceful response to hacking

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Obama warns China on cyber spying ahead of Xi visit

By Roberta Rampton and Lisa Lambert WASHINGTON (Reuters) – President Barack Obama on Wednesday called for an international framework to prevent the Internet from being “weaponized” as a tool of national aggression, while holding out the prospect of a forceful U.S. response to China over hacking attacks

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Twitter tries to spur growth with shopping and political donations

Twitter Inc's plans to let users buy goods and make political donations through tweets offer a path to reach new customers and build profit at a time the company has struggled to increase its audience. On Tuesday, Twitter announced it has partnered with mobile payment company Square Inc to accept online donations for U.S. political campaigns

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Twitter.com currently unavailable for some users

SAN FRANCISCO (Reuters) – Twitter.com was unavailable on Monday for some users across the United States but the mobile app and Tweetdeck, another Twitter website that allows users to view multiple browsers at once, appeared to be working normally. Twitter users and others said they received a message that read “something is technically wrong” when trying to open the Twitter website on their personal computers

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Google hires Truecar’s Krafcik to head its driverless car unit

(Reuters) – Google Inc said it named auto industry veteran John Krafcik as chief executive of its self-driving car project from late September. With the hiring of Krafcik, currently the president of automotive pricing terminal Truecar Inc and a former CEO of Hyundai Motors America, Google is starting to look at the project as a potential and relevant business in the near future. Chris Urmson, who has been head of the self-driving car program since 2009, will continue overseeing the project as its technical lead, the company said in an emailed statement

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